13 May 2013, Monday

In this edition of Classic Business at 18h00, Glenn Lewington broadcast the business and economic news of the day followed by up-to-date financial indicators, and the Classic Business and News teams reported on the day’s news including Greece and Cyprus receiving their latest bailout, and the end of the bus drivers’ strike. Glenn Lewington also conducted in-depth interviews with the people making the news: Richard Pike, CEO of Adcorp on their latest employment index; Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti; Rudolf Fourie, CEO of the Raubex Group; and Chris Schutte, CEO of Astral Foods on their respective companies' results; Marius Swanepoel, CEO of Imperial Logistics on increasing its African footprint; Ryan Tzamtzis, Operations Manager at Spark ATM Systems on its March cash withdrawals; Mike Brown, Managing Director at EtfSA on a new platinum exchange traded fund; and Gustav van den Berg, Corporate Tax Manager at KPMG on tax being identified as the key driver for green policy in South Africa. Market commentator for the evening Mark Ingham, Director at Ingham Analytics provided commentary on the Johannesburg Stock Exchange closing in positive territory, AngloGold earnings jumping, Lonmin reporting a solid performance, Astral Foods earnings plunging, and the performance of the Rand and Dollar. In the second half of the programme at 18h30, Glenn chaired a one-hour discussion on the weekly topic, namely "South Africa’s Strike Season" with guests Dennis George, General Secretary at the Federation of Unions of South Africa; Patrick Craven, National Spokesman at the Congress of South African Trade Unions; and Gideon du Plessis, Secretary General at Solidarity.

PROGRAMME LINEUP

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Segment 1 - 13: FULL PROGRAMME

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Segment 1:

Business and Financial News

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Segment 2:

Adcorp Employment Index

Guest:

Richard Pike
CEO
Adcorp

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Segment 3:

Report on Greece and Cyprus' Bailout Funds Due

Reporter:

Lee Kern

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Segment 4:

Report on the End of the Bus Drivers' Strike

Reporter:

Glenn Lewington

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Segment 5:

First Quarter Earnings Results

Guest:

Srinivasan Venkatakrishnan
CEO
AngloGold Ashanti

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Segment 6:

Raubex Group Annual Results

Guest:

Rudolf Fourie
CEO
Raubex Group

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Segment 7:

Astral Foods Interim Results

Guest:

Chris Schutte
CEO
Astral Foods